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S&P: Shadow inventory slowing down recovery

Although the drop in default rates shows promise, the amount of shadow inventory still creates a dark loom over the future of housing prices, according to latest results from Standard & Poor's U.S. Residential Performance Index.
The shadow inventory of unresolved distressed properties is currently at an estimated $ 405 billion, representation four years of housing inventory [...]

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 S&P: Shadow inventory slowing down recovery

 S&P: Shadow inventory slowing down recovery
HousingWire

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